Russia’s booming underground economy and “endemic corruption” with its dizzying flows of illicit money, fed largely by oil and gas, is at the core of…
It should have been an exciting event for Spanish Prime Minister Rajoy: a tête-à-tête with German Chancellor Merkel. Afterwards, he’d stand next to her, illuminated by her glory. He’d brag about implementing structural re…
Congress excels at enriching corporate welfare programs—in this case, Medicare. Ironically, it happened while Congress is struggling to rein in Medicare’s gargantuan deficits with belt-tightening measures that…
Second China banker probed for graft: report (via AFP) The head of one of China’s biggest banks is under investigation for corruption, a media report…
Reynolds CenterIn Facebook IPO, small investors who got burned should've known betterWashington PostJune 4 (Bloomberg) — You know that the hand-wringing over the almost 25 percent drop in the value of Facebook's Inc.'s stock since its May …
Reynolds CenterFacebook IPO illustrates capitalism's corruptionUNM Daily LoboFacebook's mid-May initial public offering, or IPO, was a bubble that never really got inflated enough for an ugly burst, yet somehow everyone still managed to come ou…
The RepublicJPMorgan restructures unit that had $2 billion loss: report | The RepublicThe Republic(Reuters) – JPMorgan Chase & Co is spinning off the "special investments group" from its scandal-plagued chief investment office (CIO) in a …
JPMorgan debacle points to regulatory incompetence, corruptionUPI.comBy PETER MORICI, UPI Outside View Commentator COLLEGE PARK, Md., May 31 (UPI) — US President Barack Obama is shameless to cite JPMorgan Chase's $3 billion trading loss as evidenc…
By: Peter Morici President Obama is shameless to cite J.P. Morgan’s $3 billion trading loss as evidence banks need more regulation. More accurately, both may need…
JPMorgan Debacle Points to Regulatory Incompetence, CorruptionCNBC.com (blog)President Obama is shameless to cite JP Morgan's $3 billion trading loss as evidence banks need more regulation. More accurately, both may need more of a conscious, and th…
